BRIC may discuss idea of supranational currency at June 16 summit -- report

First Published Saturday, 11 July 2009 from Need to Know News

Top officials of Brazil, Russia, India and China (BRIC) may discuss the idea of creating a supranational currency when they meet for their annual summit on June 16, according to a wire-service report.

The report quotes Russian President Dmitry Medvedev's spokeswoman as saying she would 'not exclude' the possibility that BRIC could talk about a new world reserve currency to replace the dollar.


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